In Metro Atlanta, Georgia, a 20-year-old man thought he was doing everything right. He bought a used 2010 BMW from a local dealership. He didn’t have any credit, but chose a company who approved him. The buyer signed up for automatic payments, and paid on time for eight straight months. But instead of building credit and independence, he woke up one day to find his car gone.
Customers say their cars are getting repossessed even though they never missed a payment
This isn’t a glitch or a misunderstanding, according to his family.
It’s a growing frustration for drivers across the Atlanta area who say they’re being targeted by questionable repossessions despite fulfilling their end of the deal.
The young buyer agreed to a punishing 34.9 % interest loan with U.S. Express Auto in Gwinnett County
According to its website and marketing, it’s one of the few places willing to finance someone with no credit history.
He paid $117 a week automatically from his bank account, a steep but steady path toward ownership.
Then three weeks ago, the dealership stopped taking the payments
Kimberly Carson, the driver’s mom, spoke publicly about the scenario. Carson said her son noticed the withdrawals had halted and immediately called the dealership to ask why…